March 3, 2024
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OIL & GAS

Move to Ease Business: Nigerian Government Unveils Autogas Plant in Oyo State

In an effort to ensure an enabling environment and ease of doing business for the private sector, especially in the oil and gas industry, the federal government of Nigeria has launched autogas plant in Oyo state. The Minister of state for petroleum resources, Heineken Lokpobiri stated this at the CNG/LPG Eco Drive summit and inauguration of privately owned auto conversion plant of automation autogas company in Ibadan.

The unveiling of the company, will give room for the conversion of vehicles using Petrol to compressed natural gas (CNG) and Liquified natural gas.

The minister who was represented by the chairman National Gas Expansion Programme Mohammed Ibrahim said that the development was inline with the Bola Tinubu’s Renewed Hope agenda. The automation autogas company in Ibadan was another watershed in the oil and gas sector as it would enhance sustainability of the transport sector, he noted.

The plant he said, is well equipped with the required tools and facilities that will ensure a smooth and prompt service delivery, not to mention of its affordability.  It will also serve as a training center for prospective companies and individuals in the oil and gas sector.

Other stakeholders who spoke at the inauguration, agreed that conversion center will further energy security and environmental sustainability. They also emphasized the need to create awareness for collaborative opportunities in technological advancements.

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